WASHINGTON — Reps. Richard Neal, D-Mass., and Lee Terry, R-Neb., both former public officials, have introduced a resolution on the importance of municipal bonds to state and local governments that they hope will garner a lot of attention and support among House members.

The three-page resolution, which comes as lawmakers consider curbs to tax exemption to raise revenues for deficit reduction, celebrates 100 years of tax-exempt bonds and their “important contribution ... to the economic growth and well-being” of state and local governments.

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